[Market Focus] MDV Device Rises as China Rapidly Catches Up in AI... 'East Data, West Computing' Project in Spotlight

MDV Device is showing strong performance. As the United States leads the global open-source artificial intelligence (AI) sector and China rapidly closes the gap, MDV Device's competitiveness in enterprise SSDs has come into the spotlight.

As of 9:47 a.m. on May 12, MDV Device was trading at 13,770 won, up 410 won (3.07%).

Recently, a media outlet reported that among the 13 latest large language model (LLM) open-source releases unveiled last month by Meta, the operator of Facebook, the 'Llama 4 Scout 17B-16E Instruct' model recorded the highest number of downloads, reaching 870,000 downloads over 30 days.

Meanwhile, China is making a rapid pursuit. Of the 27 'Qwen3' models launched by Alibaba, seven open-source models surpassed 100,000 downloads in just about 10 days. Among these, 'Qwen3 0.6B' exceeded 310,000 downloads, while '8B' surpassed 394,000 downloads.

MDV Device is considered a beneficiary of China's 'East Data, West Computing' project, which involves large-scale investments in data centers and AI computing infrastructure in the western region. Recently, Oh Hyunjin, a researcher at Kiwoom Securities, emphasized, "After MDV Device began supplying enterprise SSDs to major Chinese clients in 2023, the volume of supplies has been steadily increasing. These major Chinese clients are key suppliers in the Chinese server market and are strengthening their presence, particularly through public sector projects."

He explained, "Although the initial entry barrier for enterprise SSDs is high, clients tend to prefer a single product line due to reasons such as system stability. As there are many long-term supply contracts through large-scale projects, we believe MDV Device has strong potential for stable growth going forward."